02342cam a22003137 4500001000700000003000500007005001700012008004100029100002200070245015300092260006600245490004200311500001800353520031800371520047700689520019401166530006101360538007201421538003601493690008101529690005501610690012501665700002001790700002401810710004201834830007701876856003801953856003701991w13554NBER20161209140530.0161209s2007 mau||||fs|||| 000 0 eng d1 aHassett, Kevin A.14aThe Incidence of a U.S. Carbon Taxh[electronic resource]:bA Lifetime and Regional Analysis /cKevin A. Hassett, Aparna Mathur, Gilbert E. Metcalf. aCambridge, Mass.bNational Bureau of Economic Researchc2007.1 aNBER working paper seriesvno. w13554 aOctober 2007.3 aThis paper measures the direct and indirect incidence of a carbon tax using current income and two measures of lifetime income to rank households. Our results suggest that carbon taxes are more regressive when annual income is used as a measure of economic welfare than when proxies for lifetime income are used.3 aFurther, the direct component of the tax, in any given year, is significantly more regressive than the indirect component. In fact, for 1987, the indirect component of the tax is mildly progressive. We observe a modest shift over time with the direct component of carbon taxes becoming less regressive and the indirect component becoming more regressive. These effects mostly offset each other and the distribution of the total tax burden has not changed much over time.3 aIn addition we find that regional variation has fluctuated over the years of our anlaysis. By 2003 there is little systematic variation in carbon tax burdens across regions of the country. aHardcopy version available to institutional subscribers. aSystem requirements: Adobe [Acrobat] Reader required for PDF files. aMode of access: World Wide Web. 7aH2 - Taxation, Subsidies, and Revenue2Journal of Economic Literature class. 7aQ4 - Energy2Journal of Economic Literature class. 7aQ54 - Climate • Natural Disasters and Their Management • Global Warming2Journal of Economic Literature class.1 aMathur, Aparna.1 aMetcalf, Gilbert E.2 aNational Bureau of Economic Research. 0aWorking Paper Series (National Bureau of Economic Research)vno. w13554.4 uhttp://www.nber.org/papers/w1355441uhttp://dx.doi.org/10.3386/w13554